FOR SALE
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5 & 6/7 -11 Elkhorn Avenue
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 379m2
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To Be Sold Together, Vendor Says Sell Now, Offer Invited

Lot 5 - 171 m2
• Currently Vacant Tenancy
• Has Access to Grease Trap
• Outgoings $10,160 plus GST approx.
Lot 6 - 208 m2
• Leased Term - 5+5 years commenced 17 June 2021
• Gross Rent $125,262.36 plus GST
• Annual increases by CPI
• Outgoings $11,550 plus GST approx.
Contact David Task 0412 199 360.

Property Details for 5 & 6/7 -11 Elkhorn Ave, Surfers Paradise

Building Type
Commercial
Floor Size
379m2

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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,361 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 57.93% increase in median value, while Units have seen a 99.12% increase. As at 30 November 2024:

  • The median value for Houses in Surfers Paradise is $2,098,210 while the median value for Units is $768,609.
  • Houses have a median rent of $745 while Units have a median rent of $675.
There are currently 363 properties listed for sale, and 84 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1621 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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David Task
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Raine & Horne Commercial Gold Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.